Current Price: $2.65
Sui is one of the most advanced Layer 1 blockchains you may have heard of. Sui, developed by Mysten Labs, which includes engineers from Meta’s Diem project, utilizes a parallel execution engine to process transactions independently, ensuring scalability without congestion. Consider it a blockchain express lane.
Sui enables Web3 to achieve fast speeds, low wait times, and a better user experience simultaneously. Sui is gaining popularity among developers due to its focus on NFTs, gaming, and decentralized finance (DeFi). The ETH millionaire views Sui as a long-term infrastructure gamble, saying, “This beast wakes up” and gets the attention it deserves. Sui wants to be digital lightning, like Ethereum is oil.